Standards on Auditing (SAs) Integrated Daily
Standardize quality control across all audit engagements with built-in SA 200–700 check items and working paper generators, so every file is ready for ICAI peer review.
1. Pre-Built SA Audit Checklists (SA 200–700 Series)
Comprehensive electronic checklist templates mapped directly to ICAI Standards on Auditing.
General Principles & Responsibilities
SA 210 Engagement Letters, SA 220 Quality Control for Audits, SA 230 Audit Documentation, and SA 240 Fraud Responsibilities.
Risk Assessment & Internal Controls
SA 300 Audit Planning, SA 315 Identifying & Assessing Risk of Material Misstatement, SA 320 Materiality, and SA 330 Audit Responses.
Audit Evidence & Reporting
SA 500 Audit Evidence, SA 505 External Confirmations, SA 530 Audit Sampling, SA 700 Forming an Opinion & Reporting on Financial Statements, with UDIN tracking.
2. Materiality & Sampling Calculator (SA 320 / SA 530)
Illustrative benchmark-based materiality thresholds. Final materiality is always the auditor's professional judgment under SA 320.
3. Working Paper (WP) Generator
Automated indexing and cross-referencing of electronic working papers (A-100 Permanent Audit File, B-200 Current Audit File). Tag sample invoices, bank statements, and reconciliation memos with digital review sign-offs.
4. Peer Review Readiness Export
Single-click audit trail export formatted precisely for ICAI Peer Review Board inspections. Show that SQC 1 quality control procedures and SA documentation rules were followed across all firm audits (SQM 1 / SQM 2 will apply once ICAI notifies their effective date).